Bitcoin ($BTC ) is currently the most popular and trending cryptocurrency in the market. As of May 21, 2025, Bitcoin’s price surged to $107,647, approaching its all-time high of $109,114.88 set in January. This rally is driven by strong institutional inflows, active futures markets, and positive sentiment following U.S. Senate progress on stablecoin legislation . The growing investor confidence is reflected in Bitcoin’s market capitalization, which stands at $1.92 trillion, making it the most valuable cryptocurrency . With a recent options trade betting on Bitcoin reaching $300,000 by June 27, the market is abuzz with discussions about its potential to set new records